Product Manager, Medical Devices Salary

Product Manager of Medical Devicess in the United States pull down an average of $83K per year. Women Product Manager of Medical Devicess who took the survey just slightly outnumber men. Almost all report receiving medical coverage from their employers and nearly all collect dental insurance. Job satisfaction is high and work is enjoyable for most Product Manager of Medical Devicess. Respondents to the PayScale salary survey provided the data for this report.
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$50,901 - $130,180
(Median)
$51K
$83K
$130K
MEDIAN: $83,455
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$50,901 - $130,180  
   
Bonus
$0.00 - $16,934  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$52,043 - $139,858  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 84
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Job Description for Product Manager, Medical Devices

A product manager creates strategies and plans to implement medical devices into markets and to market them to appropriate parties. The product manager may oversee a sales and marketing team and may provide them with direction, including giving them tactics and tools in which to promote the products.

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Product Manager, Medical Devices Tasks

  • Identify markets and potential clients, as well strategies for building relationships.
  • Manage all sales for medical devices, from initial contact to analytics about markets.
  • Lead market research and customer outreach initiatives.
  • Mentor and train staff.

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Pay by Experience Level for Product Manager, Medical Devices

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For many Product Manager of Medical Devicess, more experience generally translates to higher pay. Respondents with less than five years' experience take home $71K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $103K. For Product Manager of Medical Devicess, 10 to 20 years of experience on the job amounts to an average salary of $110K. Survey participants who have worked for more than two decades report bringing in $139K on average.

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Experience Affects Product Manager, Medical Devices Salaries

Late-Career
up arrow 57%

Experienced
up arrow 24%

Mid-Career
up arrow 17%

National Average
$89,000

Entry-Level
up arrow 20%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 11 votes.

Gender

Female
56 %
Male
44 %

Years of Experience

1-4 years
36%
5-9 years
30%
10-19 years
25%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 97% dental benefits Dental: 92%
vision benefits Vision: 77% employee benefits None: 1%
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